In some countries, owning a home rather than renting one is very important for people. Why might this be the case? Do you think it is a positive or negative development ?

In today's world, a larger proportion of the population is likely to desire to have their own property rather than a rented one.

Firstly

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,

this

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essay will discuss

confidence

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the confidence

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that homeowners gain as the main cause of

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tendency and,

secondly

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, it will analyse whether it has more merits or demerits.

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with, it can be clearly observed that more and more people would like to own a home since it gives a feeling of safety and support in case of unforeseen situations.

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, a purchased property becomes an asset that,

consequently

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, is likely to decrease

risks

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the risks

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of losing everything if a person is fired or goes bankrupt.

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, not only do citizens feel

secured

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secure

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but

also

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they understand that they have already achieved some goals and,

hence

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, it motivates them.

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, even though flats in the UK cost a lot of people residents of the country prefer to have a mortgage rather than pay others for their accommodation.

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,

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human's desire to own a house is likely to have a beneficial effect on the country's economy.

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is because of the fact that when workers are motivated by the increase in wages that,

as a consequence

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, will help them in purchasing a house their work performance will be improved.

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, the economy is likely to experience growth and GDP will be increased.

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, a recent study has shown that the more common motivation for employees is their desire to buy a property. Eventually,

to conclude

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, the main reason why people in some countries it

is

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important to own a house is that in

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way they might gain more confidence and safety.

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, in my opinion, it is a positive development since

this

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tendency might work as a catalyst for efficient work and economic growth.